The Ethanol market trend on 17,October in China
The general ethanol price index was 6392.90 on 17,October, which remains stable compared with the previous working day.
Analysis of ethanol market
The domestic ethanol market is stable on 17,October. Today's hot spot: 1. Dongfeng Hualiang grains are fed to the plant. 2、 The epidemic situation in some regions in the northeast affects the delivery of goods. 3、 The price in East China is stable, and the Jinchanglin plant is feeding. 4、 The price of ethyl acetate dropped continuously over the weekend. The decrease is 200 yuan/ton, which is not much.
To be specific, today's domestic ethanol market is stable, Dongfeng Hualiang Plant in Northeast China is feeding materials, the cost of raw materials is high, the inventory has not reached the limit position, and the quotation of large enterprises is stable; In the early stage of Henan, CRRC concentrated on picking up goods, the inventory of enterprises declined, traders signed large orders, and the enterprise quotation was stable; Jinchanglin plant in East China and North Jiangsu was restored, and downstream small orders were purchased. The inventory of enterprises in North Jiangsu was not high, and the enterprises sold at a high price. By the end of the press release, Jilin's regular price was 6400-6500 yuan/ton, Jinzhou's regular price was 6600-6700 yuan/ton before the festival, and Heilongjiang's regular price was 6250-6400 yuan/ton. The premium price in Central China is 6680-6700 yuan/ton. There is a low price for large orders, and the price of water free is temporarily stable at 7500-7550 yuan/ton. In the ethanol market in East China, the general price in North Jiangsu is 6700-6750 yuan/ton, and the general anhydrous price is 7550-7650 yuan/ton; The general price in South Jiangsu is 6800-6950 yuan/ton, and the enterprise's shipment is average. Cassava ethanol in South China and Guangxi is 7000-7200 yuan/ton.
Ethanol market forecast
It is expected that the domestic ethanol market will stabilize or weaken slightly in the short term. The price of raw corn is at a high level. At present, the water content of the purchase is relatively high. The commencement in Northeast China may continue to increase. The enterprise quotation is firm, and the transaction price of large orders is slightly weaker. The spot market in East China and North Jiangsu is limited, and the enterprise quotation is stable. However, with the limited downstream demand, the increase of enterprise inventory may weaken, and the cost support space is limited. The price in Henan is stable in the short term, supported by the early procurement of Sichuan Automobile and the low replenishment inventory of traders.
Raw materials: corn ethanol: some growers in the north are busy planting winter wheat, and their willingness to sell is weakened. In addition, the water content of new corn decreases slowly when the weather turns cold, and the upper volume gradually decreases. The upper volume of processing enterprises continues to shrink, and some enterprises successively raise prices to collect grain. On the whole, the corn supply in October was at the stage of alternation of old and new crops, and the old crops were still the main crops. It is expected that in most of October, the national corn price trend will remain generally stable, and the local market will fluctuate slightly. In the first half of the month, the overall trend will be slightly stronger, while in the second half, it will be slightly weaker, and the monthly average price will continue to rise on a month on month basis. The rainy season of cassava in Thailand is coming. At present, the water level in some sections is too high, and ships are forbidden to travel together. The transportation time of cassava dry ships is increasing.
Supply: The construction in Northeast China has increased, and Laha Phase II, BDA, Jufeng, Luobei and Zhongkegreen are likely to start. East China Flower Hall reduced production, and Jinmaoyuan was shut down. The enterprises in Mengzhou, Henan Province have not reached the full capacity. The molasses in South China is high, the molasses ethanol enterprises are not enough to start, and cassava is normally started.
Demand: The market mentality of chemical ethyl acetate began to weaken, the volume of new orders was small, and the demand for raw acetic acid was weak, and the price was likely to continue to weaken. However, the starting month was basically stable, some traders replenished, and Baijiu just needed to purchase.
Logistics: the price of logistics is stable at present, and the epidemic situation in Zhaodong, Harbin and other places
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